Performer? Use Cryptocurrency, make 66% more money

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KEY FACTS

  • If you can get paid in Crypto, you get to keep ALL the money. 100% payout, no deductions. This is a 66% PAY RISE if you currently get a 60% payout.
  • If your clients use it, no awkward entries on their bank or card statement.
  • No awkward issues re adult stuff with your bank either.
  • Also, no chargebacks - any complaints are between you and your client.



    WIN WIN!

    Currently, How do you get paid for content? Let me count the ways :-

    Platforms (AW, OnlyFans, C4S etc)*

  • For every £100 you sell, how much reaches your bank account? £80? £60? Less?
  • If you can go from £60 to £100 by cutting out the platform that's a 66% increase in your income from the SAME level of sales.
  • Work it out, but if you have any kind of decent sales, you are losing HUNDREDS or THOUSANDS of pounds/dollars/euros. Want to keep that money for yourself? Read on :-)



    *If the platform MAKES the sale, their commission is earned. But if YOU make the sales, by your social media promotion and marketing, all they are is an expensive file store. #worstdealever

    Direct via PayPal, Circle etc

  • Low costs compared to platforms, (you get all the money), but the danger here is that you are breaching their rules, and if someone reports you, you can get your account cancelled. This can and does happen.

    Cryptocurrencies provide a very useful alternative.

    Think of them like tokens. (Though they are better than that).

    Basically you have a Wallet, which holds your money, and has an address that you publish so people can send you money.

    A wallet address is just numbers and letters. It does not have your name attached.

    Using Crypto, Part 1

    • You sell your content with cryptocurrency as a payment option. You get ALL the money.
    • When you have £100-£200 of crypto in your account, you swap them for "real money". This means you don't have to worry about the price changing (see table below that shows this using real numbers)
    • Send the real money to your bank. All your bank sees is an incoming transfer from another financial institution. Nothing adult to see here, move along now :-)

    Fees

    • None. Transaction costs are low and paid by the sender. So if a client buys a £20 video pack, you get £20.
    • Exchange costs - if you use a one stop shop like spectrocoin.com* , about 5% to convert from Crypto to Fiat (Fiat is the proper term for "proper" money, i.e. pounds/dollars).
      • FYI The Post Office has a 16% margin between Euro buy and sell prices, and if you use your Debit/Credit card overseas, 2.5-6% conversion seems typical. 5% is very reasonable.
      • If you want to get sophisticated you can eliminate that cost too, but that's another article, and not a real issue for you until you are making at least £1000 a month in crypto sales.


    Of course in order to get paid in Crypto, customers need to have crypto. This will happen once they realise that it's good for them too. Which it is:-

  • They can use crypto for all their adult needs AND other things.
  • Crypto porn purchases don't show up on their bank statement
  • The transaction is between their anonymous wallet and your anonymous wallet.
  • They can buy small amounts of crypto, so easy to get started.
  • They can sell any spare crypto back for "proper" money.



    How many clients are geared up to pay with Crypto? Right now? Very few. They need educating.

    Present Crypto as an option, show them that it benefits you and them, and they will slowly come on board. Then there will be a tipping point when everyone has crypto and uses it to buy many things online.

    Tell clients to get a wallet then buy some crypto. They should do so by registering on an exchange. But anyone who has crypto can sell them some - hand cash to a friend with crypto, send a bank transfer, anything can work. If you run an in person business - for example a club or you escort, you can help them set up a wallet on their phone, then they can give you cash for crypto and when they leave, they have crypto to spend :-)

    Using Crypto, Part 2 - How to get started.

    • Get a FREE Wallet for the currency(s) of your choice.
    • There are mobile, desktop and hardware wallets. Best start with a Desktop one. Download it, install it, follow the instructions to create your wallet, done. I will suggest some later.
    • Publish the address, wait for people to send you money.
    • Accept Bitcoins and Ether as the most widely used, but say Ether is preferred. (Bitcoin is bad for the environment, uses too much electricity. Ether transactions are also cheaper for the buyer. BTC is about $1, Ether is about 30c. Others are even cheaper.

    When you have maybe 100-200 pounds/euro/dollars worth of crypto, you then need to convert them to proper money. The usual way to do this is via an exchange (see below). However, for people I like, I will do it at cost, to help you get started.

    Using Crypto, Part 3

    • Getting serious - using an exchange.
    • Once you have tested things out you'll want an account with an exchange. This is to allow you to easily swap between currencies, and extract your "proper" money when you want.



    Exchanges are now proper financial services companies - you should be able to check that it is registered and regulated. A lot of them do not like adult (usual story) so you need to find one that does OR use a bit of camouflage.

    Camouflage - This is where that Desktop wallet you set up comes in useful - that is your public address. You take the money in, then send it to your exchange wallet. The exchange doesn't know you are in adult and so long as you don't tell, probably doesn't care.

    That said - I use Spectrocoin.com because they are fine with adult. However do be sure you can extract funds. UK and EU are fine because low cost SEPA transfers are supported, but USD transfers seem limited to Perfect Money, Skrill and Payeer. Also, Americans, your freedom loving government enacted FACTA and scared most offshore financial services companies into NOT doing business with Yanks, so if you are American, you probably want a US based exchange, and to just be quiet re the adult thing. You can still use Spectrocoin for merchant purposes through - you'll just send your crypto to your US exchange to change to fiat.

    *I mention them because I use them, they are EU based, regulated under Uk Financial Services, are fine with adult and offer merchant software that I plan to use.